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Autogrill 3Q2009 revenue down 5.1%, EBITDA down 2%

11-Nov-2009 12:46 PM

Italy’s Autogrill revenue down 5.1% - financial highlights for the three months ended 30-Sep-2009:

  • Revenue: EUR1,608 million, -5.1% year-on-year;
    • Food & Beverage: EUR1,039 million, -2.7%;
    • Travel retail & Duty free: EUR449.1 million, -9.1%;
    • Flight: EUR119.5 million, -9.8%;
  • EBITDA: EUR222.7 million, -1.7%;
    • Food & Beverage: EUR164.9 million, -0.2%;
    • Travel retail & Duty free: EUR48.3 million, -6.8%;
    • Flight: EUR16.9 million, -2.0%;
    • EBIT: EUR150.7 million, -6.9%;
  • Net profit: EUR78.2 million, +0.2%. [more]

Autogrill: “On the basis of current trends, our projection of revenues of around EUR5.7 billion confirms the EBIRDA objective of around EUR600 million. Net financial indebtedness is expected to be less than EUR2 billion after total investments of around EUR160 million," Company statement. Source: Autogrill, 10-Nov-2009.